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gas
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costing
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accounting
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inventory
作者:
Gunnar Goodman
8 年以前
366
Average Cost
Average cost is a method used in accounting to determine the cost of goods sold (COGS) and ending inventory (EI). By calculating the average cost, businesses can assign a consistent value to their inventory and expenses.
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Floating topic
What is COGS?
Ending Inventory= $65000
Goods Available for Sale = 100,000
GAS=COGS + EI
EI=GAS less COGS
COGS=GAS less EI
Cost of Goods Sold COGS
Ending Inventory: EI
Goods Available for Sale: GAS
Inventory Cost Methods
Average Cost applies to both Inventory and Cost of Goods Sold
Average Cost
Average Cost is a Costing Method in Accounting
How do I find Average Cost?